Average monthly revenue per
residential customer relationship climbed 2.2 percent to $106.03. This was the
highest growth rate since 2012's first quarter.

Full-year net income declined 10
percent to $1.95 billion, or $6.70 per share, from $2.16 billion, or $6.90 per
share, in the previous year. Annual revenue increased 3 percent to $22.12
billion from $21.39 billion.

Time Warner Cable said Thursday that
it will pay the dividend on March 17 to shareholders of record on Feb. 28.

Earlier this month Charter
Communications said that it would bring an offer directly to Time Warner Cable
Inc. shareholders if need after getting rebuffed by the company's management.
Time Warner Cable called the move "a non-starter."

Although there is no formal proposal
on the table, Charter said it is willing to make a cash-and-stock offer that
could be worth up to $38 billion.

Its shares finished at $132.10 on
Wednesday. Its shares are up 31 percent
for the past year.